KAMPALA — Cabinet has approved a total of UGX 600 billion for supplementary expenditure to respond to Covid-19 and other contingencies in the new Finance Year (FY) 2021/22.
The Ministry of Finance and Economic Planning on Tuesday July 6, said that the funds for Quarter One, FY 2021/2022 will only be released to votes where the Accounting Officers appointed have submitted their acceptance letters & their performance contracts duly countersigned.
Warrant submissions to facilitate approval should reach the ministry this Friday 9th July
As a consequence of projected shortfall in revenue of UGX. 2 trillion and the need to respond to the COVID19 emergency through a supplementary of UGX. 600 billion, budgets of MDA’s have been suppressed by up to 41.2%.
This includes freeze on travel abroad, workshops and seminars.
Acounting officers should prioritise allocation of the expenditure limits to the critical activities that contribute significantly to the attainment of Vote outcomes without accumulating arrears.
Any warrants inconsistent with this principle, the Ministry said, “will be rejected”.